Search this website...

Debt capital markets

While we remain headquartered in Johannesburg, South Africa, and retain our primary listing on the JSE, the impact of South Africa’s rating by Fitch, Moody’s and S&P has decreased.

However, we remain exposed to other lower-rated sovereign countries. Our overall credit rating has improved since 2019, a result of a more stable operating performance, improved cash generation, and consistent delivery on our strategic objectives, with the agencies taking greater account of the consistent delivery on our strategic objectives.

Related documents:

Outstanding bonds

Maturity Amount (USD) Coupon ISIN
1 November 2028 750,000,000 3.375% US03512TAF84
1 October 2030 700,000,000 3.750% US03512TAE10
15 April 2040 300,000,000 6.500% US03512TAB70

Credit Ratings

AngloGold Ashanti’s debt is rated by three credit rating agencies: Fitch, Moody’s and Standard & Poor’s. Their reviews and opinions of AngloGold Ashanti are available below.

Ratings agency Rating Outlook Rating date
Moody’s Investor Services Baa3 Stable 6-Apr-22
S&P Global Rating Services BB+ Stable 25-Apr-22
Fitch Ratings BBB- Negative 15-Dec-22

Related media & announcements